Follow the dollars · Assumption only
A complete cash picture for Dec 9, 2026
Your down payment$250,259Cash toward the purchase price.
Closing costs + prepaids$13,221Not just lender fees.
Before credits & paid funds$263,480The complete starting cash picture.
Estimated remaining funds due at closing
$263,480No credits or earnest money applied yet.
Bridge the purchase gap
From the price to what is still due.
Full purchase gap at closing$250,259.01
Your down payment$250,259.01
Closing costs + prepaids$13,220.74
Total buyer cash needed$263,479.74
Remaining funds due$263,479.74
Closing costs, itemized
Fees first, then prepaids and escrow.
Assumption fee$1,800.00
Credit report$250.00
UMe assumption specialist (1%)$5,250.00
Title & settlement$1,825.00
Recording fee$100.00
Home insurance (12 months up front)$2,000.00
Insurance escrow (3 months)$500.00
Property tax escrow (3 months)$581.75
Initial HOA (3 months)$405.00
Prepaid interest, first (23 days)$508.99
Fees + prepaids$13,220.74
Your down payment is the seller’s equity. You take over the $274,741 balance, so the rest of the $525,000 price is paid at closing. A second mortgage can cover part of it. $263,479.74 is due at closing. Uses and sources reconcile at $538,220.74 each. Not a Closing Disclosure.